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    438-1/2 Leverington Ave Philadelphia, PA 19128

    For Sale
    $550,000

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,746 SF
    Lot size:
    0.05 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 4:06 am

    Property Features for 438-1/2 Leverington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    2,746 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Masonry
    Architectural style
    Other

    Springer Realty Group (484) 498-4000 [email protected]

    Listing agent Sandy L Wine (215) 654-2900 License #RS292615

    Listing date Nov 20, 2025

    MLS# PAPH2474032 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Roxborough Triplex Investment Opportunity

    Located in the Roxborough/Manayunk section of Philadelphia, 438 1/2 Leverington Ave presents a multi-family triplex, offering an investment opportunity. Each of the three units includes one bedroom, a kitchen, a bathroom, and a living area. Units 1 and 2 were renovated in 2017. All utilities are separated and paid for by the tenants. The landlord is responsible for the water bill. The roof was installed in 2018, and the water heaters are newer, all less than 4 years old. The basement was waterproofed in 2021. The property is situated in a location near public transportation, Gorgas Park, shopping, and restaurants. The property size is 2746 square feet and the lot size is 0.05 acres.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.21953807
    Latitude
    40.03470893

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    FAQs

    What type of property is this?
    Triplex - Income-producing triplex in Roxborough/Manayunk, Philadelphia. Renovated units, great location.
    Where is this triplex located?
    The property is located at 438-1/2 Leverington Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Income-producing triplex: Excellent investment opportunity with three separate units.; - Renovated units: Units 1 and 2 were renovated in 2017.; - Separated utilities: Tenants pay for all utilities except water, reducing landlord expenses.
    (215) 654-2900
    Request Owner's contact information
    438-1/2 Leverington Ave Philadelphia, PA 19128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    438-1/2 Leverington Ave Philadelphia, PA 19128
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